Tatas set to tie the knot again with IBM
Business compulsions can bring together the strangest of bedfellows. Within three months of kissing each other adieu, IBM and the Tatas have yet again decided to tie the knot, but this time the focus will be on the software business.

Volvo hopes to double sales on economic upturn
Volvo India's growth plans are on track with the company planning to double sales till it reaches its plant capacity of 4,000 vehicles per annum in five years.

Honda-Siel seeks FIPB okay to be Honda Motor's indenting agent
Honda Siel Cars India Ltd (HSCI) has sought the Foreign Investment Promotion Board (FIPB) approval to be the indenting sales agents for Honda Motor Company (HMC) of Japan.

  Jet Airway's plan to acquire 5 aircraft runs into rough weather
  Centre takes up Madras Fertilizers financial recast plan
  Seven companies queue up to buy ailing NGEF
  Foreign banks deny agreement with Daewoo
  NTPC plans fresh tender for plant expansion
  Qantas Airways flies high with record profit
  Scooters India plans to franchise Lambretta brand
  TTK Pharma, TTk Biomed boards approve swap ratio
  3 Japanese banks plan alliance
  NEPC group sets recast ball rolling, to hive off four firms
  Texas Pacific Group likely to acquire Italy's Piaggio
  Swissair crash victims families sue DuPont
  ABN Amro first-half net jumps 30% on better economic climate
  Roche still upbeat on 1999 results
  ANZ Investment Bank ties up $85m HPL Cogeneration loan
  Industry ministry officials review Hindustan Copper revival scheme
  IDBI to prune stake in CARE; ICICI, IFCI to retain holdings
  Eurocopter in talks with army for combat helicopters
  Ipca Labs 4-month sales up a tad
  Ambuja Cement doubles sales under new management
  Nestle India may foray into ice cream market
  FIs okay Stemcor bid to pick 51% in Essar Minerals
  Flexibond-VII collection overshoots target, touches Rs 1600 crore
  Aptech eyes education and training market in China
  ABG Heavy Industries to benefit from revival
  Strategic Corporate Services launches trading software package
  Pfizer to remain bullish
  Briefing
  Qualcomm gets an earful from industry players
  Kodak India reprints distribution strategy
  Groupcom launches wireless security system
  Nasscom seeks higher India rating
  Philips Software plans expansion
  Jaypee ties up with allies to market services
  Reliance Petro plans maiden debt issue to raise Rs 100 cr
  Corporate Briefing
  McDonald's gets FIPB nod to infuse Rs 9 cr into India
  Briefing
  Divestment panel moots 20% selloff in Bhel